Discusss Flashcards
Code
1) inner city
2) light industrial
3) low income residential
4) middle income residential
5) high income residential
6) heavy industrial
7) outer retail
8) office park
9) airport
Ring cities Hartford
Sector city Wallingford
Multiple nuclei Danbury
Taxes : progressive - direct
As income goes up taxes go up
Income tax
Property tax
Regressive- Indirect Sales tax Excise (sin) tax Flat tax
Imperial presidency
Power gravitates from congress to president ( lasted from Roosevelt to Nixon and ended because of watergate
Globalization
Four flows Goods and services People in labor Capitol Technology
Realigning elections
Every 36 years one party loses another one comes into power when something happens
Housing crisis
Low interest rates Lower down payment More people in market Artificial demand Borrow equity Prices fall Underwater mortgage
Fiscal
Taxing and spending
2 taxes
Direct : income property progressive
Indirect: regressive sales excise
Monetary policies
Interest rates
Money supply
Federal reserve
Soft and hard money